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...dropped. Due to the greater availability of grants, financial assistance and tax benefits, students pay an average of $1,100 less at private schools and $400 at public schools than they did five years ago. (The aid and benefits total $14,400 at private schools, $5,400 at public four-year schools and $3,000 at public two-year schools). In fact, after benefits, an average student at a two-year college or university pays nothing in tuition and fees and collects about $500 toward living expenses. (Read "Colleges Learn to Navigate the Credit Crunch...

Author: /time Magazine | Title: The Incredible Climbing Cost of College | 10/21/2009 | See Source »

...schools are not created equal: The report reveals a remarkable wealth gap between the nation's institutes of higher education. Out of more than 2,250 public and private four-year schools, 18 had endowments averaging more than $500,000 per student as of June 2008. Of private universities granting doctorates, 10% of schools had 54% of the endowment wealth, averaging $1.5 million per student. Another 115 schools had endowments averaging $100,000-$500,000 per student, and the 2,000+ remaining schools had smaller endowments or none at all. Faculty pay varied widely as well. After adjusting for inflation...

Author: /time Magazine | Title: The Incredible Climbing Cost of College | 10/21/2009 | See Source »

...shoulders with all sorts of collectors and be entertained by the bidding (the auctioneers really do say "I give you fair warning" and "going, going, gone"). And who knows? You might even raise a paddle and find yourself going home with an entirely unexpected souvenir. Here are four great hunting grounds. (See 10 things to do in London...

Author: /time Magazine | Title: Lots of Interest in London | 10/21/2009 | See Source »

...program has been limited, and the task ahead remains enormous. Out of Rio's more than 1,000 favelas, the so-called Pacifier Police Divisions have been introduced in just four - authorities lack either the resources or the manpower to implement them all across the city, and they have resisted root-and-branch reforms of police forces that are unprofessional, corrupt, poorly paid and poorly armed in comparison to the drug gangs they face...

Author: /time Magazine | Title: Can Rio's Crime Problem Be Solved Before the Olympics? | 10/21/2009 | See Source »

Call it China's trial of the 21st century. Not since Mao Zedong's wife and her fellow members of the reviled Gang of Four were tried in 1980 has a courtroom trial so captured the attention of the nation. For one thing, there's the sheer scale of the operation that brought more than 30 defendants to court this week: a crackdown on the alliance of criminal gangs and their corrupt official collaborators who have terrorized a huge metropolis for years. Thousands of suspects were questioned, some 1,500 were arrested, bribes in the tens of millions of renminbi...

Author: /time Magazine | Title: China's Underworld on Trial in Chongqing | 10/21/2009 | See Source »

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